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Last update: Sat, 01 Oct 2016 06pm

Americas

Markets - FXMM - Americas

C$ weakens to one-week low as oil falls TORONTO: The Canadian dollar weakened to a one-week low against its US counterpart on Monday as comments by a Federal Reserve official supported the greenback and oil prices fell, offsetting stronger-than expected domestic data.Canadian wholesale trade increased by 0.7 percent in June from May, the third consecutive monthly gain, Statistics Canada said. Analysts surveyed by Reuters had forecast a 0.1 percent increase.The US dollar firmed against a basket of major currencies after an upbeat assessment of the US economy's strength from Fed Vice Chairman Stanley Fischer on Sunday. Fischer's assessment was seen raising the prospect of Fed Chair Janet Yellen flagging up a rate rise at a meeting with the world's central bankers on Friday.Oil prices fell as China ramped up exports of refined products, US oil producers added rigs for an eighth consecutive week, and prospects emerged for increased exports from Iraq and Nigeria. US crude prices were down ...

Markets - FXMM - Americas

Dollar rises on comments from Fed's Fischer viewed as hawkish NEW YORK: The US dollar edged higher against a basket of major currencies on Monday, a day after a top Federal Reserve official made comments perceived as hawkish, while hesitation ahead of a speech from the Fed chair on Friday capped the greenback's gains.Fed Vice Chairman Stanley Fischer said on Sunday that he thought the central bank was close to achieving its employment and inflation targets.While the Fed's No. 2 policymaker did not address when ...

Markets - FXMM - Americas

Dollar rebounds after Fed's Williams adds support for rate hike NEW YORK: The US dollar rebounded from nearly eight-week lows against the euro and Swiss franc on Friday a day after a top Federal Reserve official joined a growing chorus signaling support for a US interest rate hike in coming months. San Francisco Fed President John Williams on Thursday said that, if the US central bank waited too long to raise rates, it could be costly for the economy and that a possible rate hike ...

Markets - FXMM - Americas

Dollar weaken further on ambivalent Fed stance NEW YORK: The dollar again weakened against the euro, the yen and the British pound on Thursday as markets continued to absorb ambivalent signals from the US central bank.Towards 2100 GMT, the euro was at $1.1354, up from $1.1287, levels not seen since the fears created by Britain's June vote to exit the European Union. The dollar sank below the 100 yen mark, falling to 99.94 yen from 100.28. The pound was at $1.3170, up ...

Markets - FXMM - Americas

Latam currencies mostly firm after Fed minutes SAO PAULO: Most Latin American currencies strengthened on Thursday as higher oil prices and division in the Federal Reserve over whether to raise interest rates soon offset bullish comments by a US policymaker.The minutes of the US central bank's last policy meeting released on Wednesday showed that policymakers agree that more economic data is needed before tightening monetary policy.Many traders had expected a more direct sign that the Fed intended to increase rates later this ...

Markets - FXMM - Americas

C$ strengthens with oil as Fed minutes weigh on greenback TORONTO: The commodity-linked Canadian dollar strengthened against its US counterpart on Thursday as oil rose and minutes from the Federal Reserve's July meeting weighed on the greenback. US crude prices were up 1.11 percent at $47.31 a barrel as the world's biggest producer prepared to discuss a possible freeze in output levels. The US dollar fell against a basket of major currencies after Fed minutes, released on Wednesday, showed a bias among policymakers against raising ...

Markets - FXMM - Americas

Dollar hovers near 8-week lows vs euro, Swiss franc after Fed minutes NEW YORK: The US dollar hovered near its lowest against the euro and Swiss franc in nearly eight weeks on Thursday, a day after minutes from the Federal Reserve's July meeting showed a bias among policymakers against raising interest rates soon.The minutes showed members of the rate-setting Federal Open Market Committee were generally upbeat about the US economic outlook. Several Fed policymakers, however, said a slowdown in the future pace of hiring would argue against ...